Hints and tips:
...Apollo told him: “Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management...
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...The sums are listed as “receivables from the manager”....
...Effron and Pruzan also earn a management fee to run the firm....
...Email me: harriet.agnew@ft.com Newsletter exclusive: deconstructing Millennium’s performance Reading Millennium Management founder Izzy Englander’s 2021 letter to investors, there are some performance...
...“Regardless of performance trends, it’s clear that Cathie is disrupting the asset management industry in order to capture the imagination of a new generation of investors,” says Katie Koch, a partner at...
...“These individual manager offerings will remain inside of Moore,” it said.* Over the past decade Moore’s assets under management have declined to $8.9bn at the end of last year, according to regulatory...
...“Given the exposure of the cinema industry to external factors outside of the executives’ control, this is not considered an appropriate performance incentive, particularly in view of the quantum on offer...
...Regulators are also scrutinising the insurance that the lender has said is in place for its receivables....
...Ms Fitzpatrick of Soros Fund Management is more sceptical....
...Resilient H1 performance led to meaningful upgrades for 2020, not so much for 2021....
...The move follows years of underwhelming performance and a drop in Moore’s assets to $8.9bn at the end of last year....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Here’s SocGen: Unsurprising news: a) Above-average performance vs the sector?...
...This offer was turned down in favour of a place at Moore Capital Management, the firm set up by industry pioneer Louis Bacon, who lauded Mr Coffey as “one of the most impressive traders in the world”....
...Credit insurers would be affected by an increase of defaults on payments of receivables caused by supply-chain disruption (among other factors)....
...Last week’s Landsec FY20 results confirmed a portfolio decline of 8.8% (GBP1,179m, vs GBP557m in FY19) with the shape of performance as expected....
...Daniel Sundheim, the former chief investment officer of Andreas Halvorsen’s Viking Capital, and Greg Coffey, who was once the co-chief investment officer at Moore Capital, are among other hedge fund managers...
...Mr Coffey, a star hedge fund manager, had been approached by Louis Bacon, an industry pioneer and founder of Moore Capital Management, which was based in the same Mayfair building as his then-employer GLG...
...OneMain increased its assets rapidly last year, with quarter-end receivables rising from $13.2bn in March to a projected $14.8bn in December....
...Strong cash flows have been supported by management’s efforts to refinance borrowings at ever lower interest rates....
...Another firm, V Krishnan & Co, was appointed auditor on the 28th....
...The club, whose performance improved throughout the season, is in 12th place in the league table with a game remaining....
...The widely held bet on the dollar meant hedge funds enjoyed their best quarter of performance relative to the US S&P 500 index since 2011, according to the data provider Hedge Fund Research....
...Moore Capital, the hedge fund run by Louis Bacon, fell by 1.43 per cent up to the first week of October, taking the fund’s loss to 5.39 per cent for the year....
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